An adjustable mounting assembly for a table saw fence includes an elongate track for connecting to a table saw. A carriage is supported by and movable longitudinally on the track for carrying the fence such that the fence extends across a tabletop of the table saw. An incremental adjustment wheel mechanism is rotatably supported by the carriage and interengages the track. The adjustment wheel mechanism is rotated a selected amount to adjust the position of the carriage on the track. The track carries an electronic sensor strip and a digital readout attached to the carriage movably cooperates with the electronic sensor strip for measuring and displaying the longitudinal position of the carriage on the track and the position of the fence relative to the saw blade.